American Non Current Assets Total vs Cash Analysis
AMLI Stock | 0.69 0.03 4.55% |
American Lithium financial indicator trend analysis is way more than just evaluating American Lithium Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Lithium Corp is a good investment. Please check the relationship between American Lithium Non Current Assets Total and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Lithium Corp Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American Lithium's Non Current Assets Total and Cash is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of American Lithium Corp, assuming nothing else is changed. The correlation between historical values of American Lithium's Non Current Assets Total and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of American Lithium Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Assets Total i.e., American Lithium's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Cash
Cash refers to the most liquid asset of American Lithium Corp, which is listed under current asset account on American Lithium Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from American Lithium customers. The amounts must be unrestricted with restricted cash listed in a different American Lithium account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from American Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Lithium Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The American Lithium's current Selling General Administrative is estimated to increase to about 21.4 M, while Issuance Of Capital Stock is projected to decrease to under 1.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 34.1K | 92.1K | 297.2K | 312.0K | Cost Of Revenue | 34.1K | 92.1K | 297.2K | 312.0K |
American Lithium fundamental ratios Correlations
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American Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether American Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Lithium Corp Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Lithium Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Lithium. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Return On Assets (0.1) | Return On Equity (0.18) |
The market value of American Lithium Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Lithium's value that differs from its market value or its book value, called intrinsic value, which is American Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Lithium's market value can be influenced by many factors that don't directly affect American Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.